Integrated Advisors Network LLC Trims Position in Marvell Technology, Inc. $MRVL

Integrated Advisors Network LLC trimmed its holdings in shares of Marvell Technology, Inc. (NASDAQ:MRVL) by 37.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,828 shares of the semiconductor company’s stock after selling 29,075 shares during the period. Integrated Advisors Network LLC’s holdings in Marvell Technology were worth $4,021,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MRVL. Atlantic Edge Private Wealth Management LLC lifted its position in Marvell Technology by 160.0% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 325 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 200 shares during the period. Nova Wealth Management Inc. raised its stake in shares of Marvell Technology by 3,922.2% during the 3rd quarter. Nova Wealth Management Inc. now owns 362 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 353 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Marvell Technology by 62.5% in the 2nd quarter. Westside Investment Management Inc. now owns 416 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 160 shares during the period. N.E.W. Advisory Services LLC purchased a new stake in shares of Marvell Technology in the second quarter worth about $32,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new stake in shares of Marvell Technology in the second quarter worth about $34,000. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Buying and Selling at Marvell Technology

In other news, EVP Mark Casper sold 5,000 shares of Marvell Technology stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $93.08, for a total value of $465,400.00. Following the sale, the executive vice president directly owned 19,418 shares of the company’s stock, valued at $1,807,427.44. The trade was a 20.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is currently owned by company insiders.

Marvell Technology Stock Performance

MRVL opened at $81.69 on Friday. The firm’s fifty day simple moving average is $81.90 and its two-hundred day simple moving average is $81.88. Marvell Technology, Inc. has a 52-week low of $47.08 and a 52-week high of $102.77. The company has a market cap of $71.17 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 0.64 and a beta of 1.97. The company has a quick ratio of 1.64, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Marvell Technology (NASDAQ:MRVL) last released its earnings results on Tuesday, December 2nd. The semiconductor company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. The business had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.06 billion. Marvell Technology had a net margin of 31.75% and a return on equity of 13.15%. The company’s quarterly revenue was up 36.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 earnings per share. Marvell Technology has set its Q4 2026 guidance at 0.740-0.840 EPS. Equities analysts anticipate that Marvell Technology, Inc. will post 0.91 earnings per share for the current fiscal year.

Marvell Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 29th. Shareholders of record on Friday, January 9th were issued a dividend of $0.06 per share. The ex-dividend date of this dividend was Friday, January 9th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.3%. Marvell Technology’s dividend payout ratio is presently 8.42%.

Analyst Ratings Changes

A number of research analysts have issued reports on MRVL shares. HSBC began coverage on Marvell Technology in a report on Monday, November 24th. They issued a “hold” rating and a $85.00 price target for the company. KeyCorp boosted their target price on shares of Marvell Technology from $90.00 to $130.00 and gave the company an “overweight” rating in a research note on Wednesday, December 3rd. Benchmark restated a “hold” rating on shares of Marvell Technology in a research report on Tuesday, February 3rd. UBS Group lifted their price objective on shares of Marvell Technology from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Marvell Technology in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $115.31.

Marvell Technology Company Profile

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.